MEOG - Middle East Oil & Gas

Category
Oil & Gas

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Overview

With around 40% of the world’s oil supply coming from the Persian Gulf, in addition to exploration and production (E&P), MEOG’s coverage includes policy and transport issues which can cause price spikes in the global hydrocarbon markets.

MEOG offers insight into the latest developments in the oil and gas sectors of Bahrain, Iraq, Iran, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, the UAE and Yemen. While much of the region has been extensively explored, there remain ‘frontier’ areas of E&P. Oil shale efforts in Jordan could provide vast resources through the greater cost effectiveness of new technologies. To the north-west, Beirut has grown increasingly impatient to follow the major gas discovery trend in the Eastern Med. and Lebanon’s first offshore bid round is likely to kick off drilling campaigns in the medium term.

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Need more convincing?

UAE, UK, Omani firms mount court bid to retrieve Iranian fuel seized from tankers by US

2 September 2020

White House alleged cargoes were bound for sanctioned Venezuela. Companies claim they sold gasoline onwards to UAE-based Citi Energy FZC and that it was destined for Trinidad for sale to customers in Peru and Colombia.

NRG: Risks to stability

1 September 2020

International mediation mechanism for Armenia, Azerbaijan conflict “does not seem fit for purpose” says former co-chair

28 August 2020

Noting July skirmishes took place far from contested Nagorno Karabakh territory, former US diplomat says clashes “may have unleashed a dangerous new geopolitical dynamic” partly given their proximity to strategic oil and gas pipelines.

EU’s top diplomats ‘to discuss toolbox of Turkey options broader than sanctions’

26 August 2020

Berlin meeting takes place as France joins Italy, Greece and Cyprus in military exercises in eastern Mediterranean where Ankara is accused of illegal gas and oil exploration.

Edited by

Frazer Simm

Editor

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